Date Approved
04/30/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
EL RODEO 8, INC
Borrower Address
1367 MALL DR
Borrower City
BENTON HARBOR
Borrower State
MI
Borrower Zip
49022
Loan Status Date
02/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
158187.00
Current Approval Amount
159312.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
23955
Servicing Lender Name
Horizon Bank
Servicing Lender Address
515 Franklin Sq
Servicing Lender City
MICHIGAN CITY
Servicing Lender State
IN
Servicing Lender Zip
46360-3328
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
BERRIEN
Project State
Project Zip
49022-0389
CD
MI-06
Jobs Reported
17
NAICS Code
722511
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
127449.60
Mortgage Interest Proceed
15931.20
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
160433.73
Forgiveness Date
01/20/2021